Business Units news and trends

Wells Fargo CEO Reorganizes Business Units

February 12, 2020
reorganizes business units
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Wells Fargo CEO Reorganizes Business Units

February 12, 2020
Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions into five. The Wall Street Journal reported Tuesday (Feb. 11) that the wholesale bank will be split into a commercial bank providing back-end services for companies, and separate investment bank […]